I K Tech Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05505383

I K Tech Limited

Filleted Unaudited Financial Statements

31 July 2025

I K Tech Limited

Financial Statements

Year ended 31 July 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

I K Tech Limited

Balance Sheet

31 July 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		2,064		3,217

Current assets

Debtors	6	5,159	3,107
Cash at bank and in hand		288	18,213
		-------	--------
		5,447	21,320

Creditors: amounts falling due within one year	7	21,524		23,378
		--------		--------
Net current liabilities			16,077		2,058
			--------		-------
Total assets less current liabilities			( 14,013)		1,159

Provisions

Taxation including deferred tax	392	804
	--------	-------
Net (liabilities)/assets	( 14,405)	355
	--------	-------

I K Tech Limited

Balance Sheet (continued)

31 July 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 14,505)	255
	--------	----
Shareholders (deficit)/funds	( 14,405)	355
	--------	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 30 January 2026 , and are signed on behalf of the board by:

Mr I C Balmer

Director

Company registration number: 05505383

I K Tech Limited

Notes to the Financial Statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Going concern

The directors acknowledge the losses made during the year and with their support, believe the company to be a going concern.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and Fittings	-	25% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 August 2024	5,251
Additions	138
	-------
At 31 July 2025	5,389
	-------
Depreciation
At 1 August 2024	2,034
Charge for the year	1,291
	-------
At 31 July 2025	3,325
	-------
Carrying amount
At 31 July 2025	2,064
	-------
At 31 July 2024	3,217
	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	–	2,200
Other debtors	5,159	907
	-------	-------
	5,159	3,107
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	–	15,823
Social security and other taxes	164	5,555
Other creditors	21,360	2,000
	--------	--------
	21,524	23,378
	--------	--------

8. Directors' advances, credits and guarantees

The directors had interest free, repayable on demand loans during the year. At the beginning of the year they owed the company £907 and at the end of the year the company owed them £19,360.